So, we've lost a few players and the extent of our moves so far have been to re-sign some role-players and sign a backup quarterback.
A lot of people here see that as a travesty, but I disagree.
More often than not, teams that spend a lot of money in free agency are doing so because they are either A) already terrible and desperate for some kind of success, or B) looking at a window closing as their star players are approaching retirement. Neither one of those things describes the current Bengals organization.
Tampa Bay is atrocious, and they're doing the same thing they did last year to try and alleviate it. It didn't work then, and it probably won't work this year either.
Denver and New England are on the opposite end of the spectrum. They've been successful, but the key pieces of that success are getting older. Manning and Brady will not be playing for much longer, so they're bringing in free agents to try and get one last shot before they hand up their cleats.
Cincinnati on the other hand, has a very young core of players. Most of our star players are either still on their rookie contracts or have already been signed for the next 4 years minimum. There are 3 contracts coming up that need to be addressed: Burfict, Green, and Dalton (in that order of importance).
Spending a lot of money on big name free agents that we don't need would be dumb at this point, because it would mean that at least one of those 3 players will be leaving.
Would it be nice to have a Revis-quality player on the team? Absolutely.
But is having one of them for a year or two worth not getting Burfict locked up for the next 5 or 6 years? No way in hell.
The only free agent out there that would add anything to the team without risking losing valuable players already on the roster is Alex Mack.
Like it or not, the Bengals front office has done things right for once. They have built a solid enough team through the draft that they don't have to go into panic mode when they lose a free agent. Losing Collins, Johnson, and Hawkins stung the fans but if you look at it, it didn't really hurt the team that much. That's a sign of something being done right: When losing free agents doesn't cripple your team.